Sun, Nov 08 2009
Bulgaria's vacation property maintained its status as the most profitable real estate investment.
A research of imot.bg showed that most luxurious vacation property was located in the coastal Sunny Beach resort, Dnevnik newspaper reported.
More than 1600 vacation apartments were offered for sale. Nearly half were located in Sunny Beach.
The development, however, did not affect prices. Despite the steady supply prices remained high, real estate agents said.
Most owners offered two-bedroom apartments. Average prices of sq m in Sunny Beach reached 975 euro. In Sozopol resort the average price was 930 euro a sq m. Apartments still under construction sold cheaper.
In other coastal resorts like Ahtopol, Nessebar and Pomorie prices varied between 580 and 700 euro a sq m, Dnevnik reported.
Three-bedroom apartments were not offered that often since investors dealt cautiously with such projects. Demand was not high enough yet and most property seekers still preferred two-bedroom apartments, Dnevnik reported.
Kindergartens to be dealt with on a case-by-case basis and universities to decide for themselves whether to suspend classes.
Five illegal immigrants from Iran and Iraq caught by Bulgarian police in Sliven.
Leonid Lavchev sent an intermediary to collect 1000 leva from a dairy farm in Haskovo, investigators say
Former labour minister Emilia Maslarova follows the example of Socialist party leader and former prime minister, Sergei Stanishev, in requesting that her MP immunity is lifted
Health Minister: Influenza strain is not seasonal flu, it is swine flu. More than 100 000 Bulgarians are down with the H1N1 strain.